Chainlink Accumulates 99,103 LINK as Reserve Strengthens Network Sustainability

CryptoNewsFlash
LINK-1,6%
ETH-1,05%
CRE0,01%

  • Chainlink Labs has acquired nearly 100,000 LINK tokens for its reserve, bringing the total number of tokens to over 1.7 million.
  • The company’s stash is now worth $19.1 million, but at an average LINK cost basis of $16.2, it has lost 34% of its investment.

Chainlink Labs has acquired nearly 100,000 LINK tokens for its reserve as it seeks to strengthen the network’s sustainability and create value for the token holders. The company took to social media to reveal that it had accumulated 99,103 LINK, worth $1.054 million at the current prices. After the latest purchase, the reserve now holds 1,774,215.90 LINK, worth $18.877 million at press time. The company stated:

The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK using offchain revenue from large enterprises adopting Chainlink and onchain revenue from service usage.

The firm has been accumulating LINK tokens since launching the reserve in August last year. This month alone, it has made five purchases, with each adding to its position and reducing the circulating supply. On Jan 22, it purchased 88,000; on Jan 15, it bought 82,000; on Jan 8, it bought 87,000; and as we reported, it accumulated 94,000 tokens at the turn of the year. Data shows that the company has accumulated the tokens at an average price of $16.21. With LINK trading at $10.7 at press time, the firm has lost over a third of its investment. However, the reserve is not aimed at turning a profit for the company, but at strengthening the entire network and giving a boost to the price by reducing the circulating supply, which currently stands at 708 million tokens. The maximum supply is one billion tokens.

Image courtesy of metrics.chain.link

The reserve launched last August, as we reported, to accumulate LINK using revenue gained from enterprises using the company’s technology in their onchain projects. It uses Payment Abstraction to convert both onchain and offchain revenue from any token to LINK. The company says that it has already generated hundreds of millions of dollars from enterprises that pay offchain to access its technology. Chainlink Simplifies Advanced Smart Contracts In a separate video, founder Sergey Nazarov broke down how the Chainlink Runtime Environment (CRE) has been simplifying advanced smart contracts. He lauded the Ethereum Virtual Machine (EVM), which he says opened the door to smart contracts. However, EVM smart contracts are limited to Ethereum. Nazarov noted:

There needs to be an environment that includes all the data, all the connections to all the other chains, all the identity, compliance services and tools, as well as the capacity to do the computations around all these things.

Additionally, all this needs to happen in an environment that enables a high level of privacy. This, says Nazarov, is what CRE does.

The EVM opened the door to smart contracts.

The Chainlink Runtime Environment unlocks their full potential.

Across any system. Any data. Any chain. pic.twitter.com/tv2QXqxZsw

— Chainlink (@chainlink) January 30, 2026

LINK trades at $10.7 at press time, shedding 7.6% in the past day despite a 130% surge in trading volume to hit $688 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Dogecoin Price Jumps as Derivatives Demand Signals Breakout

Key Insights Dogecoin surged to a weekly high of $0.103 as improving market sentiment and strong derivatives demand encouraged traders to position for further gains. Futures data from CoinGlass showed a positive funding rate, indicating long traders are paying premiums while positioning for

CryptoFrontNews27m ago

Hidden "Death Spiral" Risk! Ethereum and Bitmine targeted by short-selling institutions

Ethereum is about to undergo a major upgrade, and the market is highly focused on it. However, short-selling firm Culper Research believes that the Ethereum economic model is failing and warns of a potential "death spiral." They point out that a significant drop in transaction fees and shrinking staking rewards will impact network security. The report also mentions Vitalik Buterin selling Ethereum and questions the market fundamentals, suggesting that Ethereum is facing a new reality.

区块客1h ago

Retail investors are not trading cryptocurrencies but stocks? Cryptocurrency market liquidity is moving to the US stock market, AI helps interpret financial reports and boosts confidence

Wintermute's research indicates that retail cryptocurrency funds are flowing heavily into the US stock market, reversing the correlation to become negatively correlated. As liquidity in the crypto market declines, retail investors prefer mature stock markets, aided by generative AI enhancing their investment capabilities. Cryptocurrencies are gradually becoming part of asset allocation.

CryptoCity3h ago

ETH drops 1.36% in 15 minutes: Deteriorating macro sentiment and liquidity crunch trigger spot selling pressure

From 02:45 to 03:00 on March 8, 2026 (UTC), ETH prices fluctuated sharply within the range of 1,936.0 to 1,969.18 USDT. The 15-minute candlestick yield was -1.36%, with an amplitude of 1.68%. The short-term downtrend intensified, market attention significantly increased, trading activity was high, and panic sentiment dominated. The main driver of this anomaly was the widespread decline in global risk assets and escalating extreme panic sentiment. Major US stock indices experienced a sharp pullback, and the VIX fear index soared to 29.49 (+24.17%), leading to

GateNews4h ago
Comment
0/400
No comments